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Tuesday, May 14, 2024

Steel consumption set to remain flat

Steel rods being used for the construction of a new bridge. Domestic steel consumption is expected to stay flat this year.

Domestic steel consumption is expected to remain flat in 2023, with the threat of dumping of cheap steel in the Thai market possibly dealing a further blow to the country.

Steel demand in Thailand is projected to tally 16 million tonnes, similar to last year, as the government’s infrastructure development projects are resuming slowly, while…

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